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Apr 16, 2013
04/13
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but current federal law does not adequately address the nature of today's cybersecurity threats. since its enactment in 2002 of the federal information security administration act, it has become the check the box compliance legislation that has little to do with minimizing cyberthreats, and yet the government accountability office recently found that security incidents among 24 key information increased by 650%, or more than six-fold in the last five years. to address the rising challenge poised by cyberthreats, ranking member cummings and myself introduced in the last congress a bill to re-authorize fizz ma. -- fisma. that bill was introduced anonymously. we introduced legislation, h.r. 1163, the federal information security amendments act of 2013. the bill was voted out of our committee by unanimous vote on march 20. the bill aims to harness the last decade of technology and innovation in securing federal information systems. to enhance the current framework of securing technology systems, our bill calls for automated and continuous monitoring of government information systems.
but current federal law does not adequately address the nature of today's cybersecurity threats. since its enactment in 2002 of the federal information security administration act, it has become the check the box compliance legislation that has little to do with minimizing cyberthreats, and yet the government accountability office recently found that security incidents among 24 key information increased by 650%, or more than six-fold in the last five years. to address the rising challenge...
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Apr 8, 2013
04/13
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CSPAN2
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we also have a cybersecurity team dedicated to anticipating new issues as they come along. so we're taking this very seriously. and now we have developed very recently a road map for fuel cycle facility, dealing with cybersecurity issues for and test reactors and for by product materials, licensees, for the set of folks as well. >> which is a six to eight year implementation period. cybersecurity -- . >> a lot of the reactors -- >> at the end of eight years, in a computer field it's hard to imagine a standard set eight years is still valid. is this like checking boxes? so you have this, that and the other. >> putting both. >> okay. all right. may i ask what they are still working on this? i don't recall it's a longer complicated issue that requires more information before they are able to implement it. >> okay. one more question and we'll got audience which is we have a group of american -- american manufacturing competitors would like to build small mod your realready or it. they are not designed are the american market. they are designed for export. is the wide spread ado
we also have a cybersecurity team dedicated to anticipating new issues as they come along. so we're taking this very seriously. and now we have developed very recently a road map for fuel cycle facility, dealing with cybersecurity issues for and test reactors and for by product materials, licensees, for the set of folks as well. >> which is a six to eight year implementation period. cybersecurity -- . >> a lot of the reactors -- >> at the end of eight years, in a computer...
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Apr 20, 2013
04/13
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CSPAN
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on the cybersecurity, i think if you're going to become a u.s. citizen, like the people from 9/11 and the people but in wantn bombings -- if you to be a u.s. citizen, you should have one of these cameras strapped to your four head so people can eat an eye on you -- keep an eye on you 24/7. how many people see the news? it only showed it once after 9/11. a couple of the people that was in the airplanes got their citizenship in the mail to where they used to live. thoughts are a little scattered and have nothing to do with our topic right. were going to move onto bill on our line for democrats. caller: i think there needs to be a degree of surveillance, be it electronics, visual -- my biggest concern is that there are no apparent quality systems behind all of the equipment to make sure that the equipment information is being used according to whatever rules or regulations were put in place. like a quality system that says that it checks to see that information is being used according to the rules. it appears that there is no protections behind the
on the cybersecurity, i think if you're going to become a u.s. citizen, like the people from 9/11 and the people but in wantn bombings -- if you to be a u.s. citizen, you should have one of these cameras strapped to your four head so people can eat an eye on you -- keep an eye on you 24/7. how many people see the news? it only showed it once after 9/11. a couple of the people that was in the airplanes got their citizenship in the mail to where they used to live. thoughts are a little scattered...
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Apr 11, 2013
04/13
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KNTV
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budget, job creation, immigration reform and cybersecurity. in another news, total sales expected to drop more than 1% due to the early easter holiday. >>> and in the tech world, microsoft is thinking about a smaller screen. "the wall street journal" reports the company is developing a seven-inch tablet to go into production later this year, as it competes against google's nexus and the ipad mini. >>> another big rally on wall street drove the s&p down to record closes. the nasdaq hit a 12-year high. that news came from meeting minutes mistakenly sent tuesday night. officials released the minutes at 9:00 a.m., instead of the usual 2:00 p.m. weekly jobless claims are out and investors are anxious to find out if the reports were a fluke or a troubling find. and just this morning, toyota, honda and nissan are recalling 3 million vehicles worldwide due to defects in air bags. >>> and the reported china deadly flu outbreak it's taken a 13% toll on china sales. fell to the lowest level in six years down 23% from last march. a decrease from 12% from
budget, job creation, immigration reform and cybersecurity. in another news, total sales expected to drop more than 1% due to the early easter holiday. >>> and in the tech world, microsoft is thinking about a smaller screen. "the wall street journal" reports the company is developing a seven-inch tablet to go into production later this year, as it competes against google's nexus and the ipad mini. >>> another big rally on wall street drove the s&p down to record...
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Apr 30, 2013
04/13
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CNBC
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does that include also protecting data in terms of cybersecurity threats? >> i think so. i think that, you know, every technology can be used for the benefit as well as used by people. we're investing in companies who are actually serving people well and providing some useful services. but there will be some companies develop that will try to fight with cybercrime as well. >> big debate around apple. what do you think about that company? >> well, i think apple is a great company. we don't invest in public companies, so that's not something that is actionable for us. but apple, no question, is a great company, which is here to stay. >> let me ask you about twitter, because this, of course, has been a big story recently. on your twitter investment, there have been some high-profile twitter hacks. of course, the most significant, last week, when the associated press twitter account was hacked. and it put out a false alert of an attack at the white house, briefly tanked the market, big story. what did you think when that was happening? >> that basically shows the power of soc
does that include also protecting data in terms of cybersecurity threats? >> i think so. i think that, you know, every technology can be used for the benefit as well as used by people. we're investing in companies who are actually serving people well and providing some useful services. but there will be some companies develop that will try to fight with cybercrime as well. >> big debate around apple. what do you think about that company? >> well, i think apple is a great...
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Apr 25, 2013
04/13
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CNBC
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and we saw within the past couple of days how cybersecurity can impact markets in a negative way. also, they're talking a little bit here about market infrastructure. so some things that we've all known have been problems, they're sort of collating them all in one place at one time. and, you know, this report will give you the cold sweat if you read it tonight, because there's a lot of stuff to worry about. but a lot of stuff that we knew was out there to worry about. >> that was the purpose. when you gather to decide what could go wrong, then you start to sweat a little bit. thanks, eamon. >> you bet. >> okay, to dunkin brands we go. shares have been getting a boost in today's session on the first quarter results they released. and while profits took a hit, due to higher costs and some other accounting situations, topline growth got a healthy boost with sales at u.s. dunkin' donuts locations coming in higher. >> so in this fiercely competitive market, how will dunkin brands keep on growing? joining us now is dunkin brands ceo, nigel travis. good to have you on the program. thanks
and we saw within the past couple of days how cybersecurity can impact markets in a negative way. also, they're talking a little bit here about market infrastructure. so some things that we've all known have been problems, they're sort of collating them all in one place at one time. and, you know, this report will give you the cold sweat if you read it tonight, because there's a lot of stuff to worry about. but a lot of stuff that we knew was out there to worry about. >> that was the...
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Apr 24, 2013
04/13
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CNBC
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>> we may not have the cybersecurity we have had in the past. >> but that's the point, we have no rules. >> that's the thing. as unsettling as yesterday's episode was, your job is to regulate this market. do you feel there's a need for a new regulation of some kind that would keep that from happening, if that's at all possible? >> well, i don't know that we should get into sort of, you know, engineering how the social media system is going to work throughout the country. but i do think with regard to these high-frequency traders, who i call cheetah traders, because they're so fast, fast, fast, they're not even required to be registered with our agency. there's no requirement that they test their programs before they get put into the live production environment. there's no requirement that they have kill switches in case their cheetah programs go feral. so there's a lot of things that we do need to do that are sort of basic rules of the road for technology. we shouldn't just accept technology blindly, that it's all good, that faster is better, that bigger is better. sometimes it's not. a
>> we may not have the cybersecurity we have had in the past. >> but that's the point, we have no rules. >> that's the thing. as unsettling as yesterday's episode was, your job is to regulate this market. do you feel there's a need for a new regulation of some kind that would keep that from happening, if that's at all possible? >> well, i don't know that we should get into sort of, you know, engineering how the social media system is going to work throughout the country....
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Apr 6, 2013
04/13
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CSPAN
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cybersecurity is not just about hackers. it is not just about guys trying to get your credit card number. in the case of many economies, there has been a lot of press and israel.and iran it is a reality. these are very sophisticated people. building firewalls against them will be difficult. we have got a strong team. this is a threat. it is one that should keep us all up at night. >> on a more positive note, you have traveled around. this is a personal question. where do you see opportunities that people should take a second look at? i think columbia is a strong .arket for u.s. exporters do you have a couple of places in mind? >> yes. there is a term that we use internally. the color frontier economies. -- we call it frontier economies. golia, has asked o etc. they are actually quite strong. they have got hard-working people and are increasingly well-educated. typically pretty strong leadership. there are more. i think it will be good. i will wrap this up so we had time to reset for the next panel. round ofe him hia applause
cybersecurity is not just about hackers. it is not just about guys trying to get your credit card number. in the case of many economies, there has been a lot of press and israel.and iran it is a reality. these are very sophisticated people. building firewalls against them will be difficult. we have got a strong team. this is a threat. it is one that should keep us all up at night. >> on a more positive note, you have traveled around. this is a personal question. where do you see...
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Apr 8, 2013
04/13
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on cybersecurity. there are things that are moving forward. it just takes a long time. it just takes a long time. >> the short answer to your question is large parts of the organized business lobby in washington became partisan. some people who ran those organizations decided they could get more if the allied themselves with the republican caucus and house of representatives. for a while, they did. but that wound up poisoning the well in a way that now makes it difficult for those organizations to be part of the solution, because they are perceived by democrats as being in the pockets of republicans. that is maybe beginning to change but that has been, i would say, just analyzing, that that has been a problem in the last decade. it was a strategy that worked, and that it worked too well. now it is hard to pull back from that strategy and for the business organizations to be what they usually work, which was quite bipartisan, and provide the political ballast for the political conversation here on these issues. they are not the issues that people talk about in the countr
on cybersecurity. there are things that are moving forward. it just takes a long time. it just takes a long time. >> the short answer to your question is large parts of the organized business lobby in washington became partisan. some people who ran those organizations decided they could get more if the allied themselves with the republican caucus and house of representatives. for a while, they did. but that wound up poisoning the well in a way that now makes it difficult for those...
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Apr 30, 2013
04/13
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FBC
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maybe businesses will take it on themselves to update and supersize their up cybersecurity. i would like to make sure they're doing it so we don't have a one-off that con not only impact markets but hurt consumers and investors alike. lori: one area of the criticism on the cftc, following up bankruptcies of mf global and perigrine financial. is proposal to increase residual capital to cover margin calls for commissions merchants, how is that being received? >> i think we put out a proposal that said we need to make sure that the positions that traders take are backed up. the question is whether or not we went too far in this, gets into the weeds but in this residual interest area and whether or not we're requiring that 100% of everything is margined all the time, 24/7, 365. i think our proposal probably went too far in that regard put ultimately i think we'll get a, strike the right balance and we're listening now to people and hearing what they say and i look forward to getting something in place that will better protect markets because you go back to 2008, it was these sor
maybe businesses will take it on themselves to update and supersize their up cybersecurity. i would like to make sure they're doing it so we don't have a one-off that con not only impact markets but hurt consumers and investors alike. lori: one area of the criticism on the cftc, following up bankruptcies of mf global and perigrine financial. is proposal to increase residual capital to cover margin calls for commissions merchants, how is that being received? >> i think we put out a...
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Apr 18, 2013
04/13
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host: eight spoke about the cybersecurity issue. the house is coming in in 15 minutes. they will be debating that issue. here is an article from the washington times -- host: nature of the intelligence committee found himself the target of eight twitter campaign late tuesday. -- eight twitter campaign late tuesday. here is the front page of the helen hunt the democrat -- tallahassee democrat. here is the globe and mail out of toronto -- thisis the boston globe morning -- they also have a picture on the front page of the chinese national student who died from the attack. , new york, republican. caller: i would like to comment on the gun bill be defeated yesterday. distrust of gun owners in the united states. also about the lies that have been perpetrated i media on tv. people should know better. that 100,000te people will killed by guns every year, but they do not say that part of the people are criminals. 2.5 million people are saved by gun owners every year. crimes are stopped by gun owners. then they call people cowards because they stand up for the second amendment?
host: eight spoke about the cybersecurity issue. the house is coming in in 15 minutes. they will be debating that issue. here is an article from the washington times -- host: nature of the intelligence committee found himself the target of eight twitter campaign late tuesday. -- eight twitter campaign late tuesday. here is the front page of the helen hunt the democrat -- tallahassee democrat. here is the globe and mail out of toronto -- thisis the boston globe morning -- they also have a...
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Apr 17, 2013
04/13
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certain cyberthreat intelligence and cyberthreat information between the intelligence community and cybersecurity entities and for other purposes. the first reading of the bill shall be dispensed with. all points of order against consideration of the bill are waived. general debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chair and ranking minority member of the permanent select committee on intelligence. after general debate, the bill shall be considered for amendment under the five-minute rule. in lue of the amendment in the nature -- in lieu of the amendment in the nature of the substitute recommended by the permanent select committee on intelligence now printed in the bill it shall be in order to consider as original bill for purpose of amendment under the five minute rule an amendment in the nature of a substitute consisting of the text of rule committees print 113-7. that amendment in the nature of a substitute shall be considered as read. all points of order against that amendment in the nature of a substitute are waived. no amendmen
certain cyberthreat intelligence and cyberthreat information between the intelligence community and cybersecurity entities and for other purposes. the first reading of the bill shall be dispensed with. all points of order against consideration of the bill are waived. general debate shall be confined to the bill and shall not exceed one hour equally divided and controlled by the chair and ranking minority member of the permanent select committee on intelligence. after general debate, the bill...
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Apr 16, 2013
04/13
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CSPAN2
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legislation, and to speak as well to the jurisdictional issue of the homeland security department working on cybersecurity. but i, too believe it is most important to off mr. deepest sympathy to those who lost their lives in boston, on patriots day, in the boston marathon that all the world comes to; to thank the first responds, including nurses and doctors, volunteers, marathon returns, and those who came from around the world to be in this unifying event, we give to them our deepest concern. i express my deepest simple by to my colleagues who represent the boston area to those families who lost loved ones and those lingering in hospital beds, wish them well, and stand with my colleagues as we did on 9/11 and many other times, that those who perpetrated this heinous act will be brought to justice. will be brought to justice. as a member of the homeland security committee, mr. speaker, i hope to look at venues and big eventness the pending weeks and months so we can re-assess the safety and security for the american people. that's our charge and our responsibility and i know that together we will be able
legislation, and to speak as well to the jurisdictional issue of the homeland security department working on cybersecurity. but i, too believe it is most important to off mr. deepest sympathy to those who lost their lives in boston, on patriots day, in the boston marathon that all the world comes to; to thank the first responds, including nurses and doctors, volunteers, marathon returns, and those who came from around the world to be in this unifying event, we give to them our deepest concern....
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Apr 24, 2013
04/13
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CSPAN
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we talked about the cybersecurity legislation. we will continue to cover it as it makes its way through congress. caller: i appreciate you taking the time. i hope you guys will spend as much time on that as we have spent on the bombings, because this whole concern that i have is we don't need to live in fear. unfortunately, that seems to be what we have been doing. we have made this the modus for america.i host: we also have a program on c-span called "communicators" that covers this issue as well. ,o to our website, c-span.org and you can find that series and "lso find ""washington journal. we have updated our web page. if you go to the top, you can find the link for the washington journal. our producer is doing it for you prevent will bring it to our updated web page for the washington journal, or you can see what we have covered recently. let me go back to the internet we want tobecause get your thoughts on that this morning. if you support this idea, 3880. 3881. oppose, rom this "washington times" story, it says -- getting you
we talked about the cybersecurity legislation. we will continue to cover it as it makes its way through congress. caller: i appreciate you taking the time. i hope you guys will spend as much time on that as we have spent on the bombings, because this whole concern that i have is we don't need to live in fear. unfortunately, that seems to be what we have been doing. we have made this the modus for america.i host: we also have a program on c-span called "communicators" that covers this...
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Apr 12, 2013
04/13
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CSPAN2
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ruppersberger and their whole committee yesterday in the 18-2 vote on the cybersecurity information sharing bill. we thought it was a great start because of the changes made in the bill to the endorsement of technet the largest high-tech association with the largest number of high-tech committees came in this morning so we are pleased with that and look forward to moving forward so that our intelligence services can share of bad stuff with the good guys. the focus of this hearing is to allow the american people to hear from those responsible for providing intelligence to protect the united states and for america to see first-hand the oversight conducted by their elected representatives. as always we live in dangerous times. a nuclear north korea continues its bellicose behavior threatening american highways in interest and the reason -- region distracting to support for our allies display stronger leadership in the region. in syria bashar al-assad responded to civil protest with murderous violence and after two years of chaos and 70,000 dead the country is caught in a bloody civil war that
ruppersberger and their whole committee yesterday in the 18-2 vote on the cybersecurity information sharing bill. we thought it was a great start because of the changes made in the bill to the endorsement of technet the largest high-tech association with the largest number of high-tech committees came in this morning so we are pleased with that and look forward to moving forward so that our intelligence services can share of bad stuff with the good guys. the focus of this hearing is to allow...
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Apr 11, 2013
04/13
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we do cybersecurity, custodial services and everything in between. i met with a number of these employers. they expressed real concern that the lingering uncertainty over sequestration threatens job security and the ability to remain competitive economically. i fear the consequences of sequestration and what that will mean to small businesses that don't have the same resources as larger counterparts to weather these steep cuts. i visited one company with 200 employees who are developing a laser system for nasa through the small business administration grant. their technology is being deployed with a contract with the defense department to better protect our troops in the field. they're worried about cutbacks. the small business administration's fiscal 2013 budget will be reduced by more than $92 million as a result of sequestration. and more than 1/4 of those cuts will come from the small business loan program, directly affecting small businesses, veteran-owned businesses, female and minority-owned businesses and their ability to hire. as my colleagu
we do cybersecurity, custodial services and everything in between. i met with a number of these employers. they expressed real concern that the lingering uncertainty over sequestration threatens job security and the ability to remain competitive economically. i fear the consequences of sequestration and what that will mean to small businesses that don't have the same resources as larger counterparts to weather these steep cuts. i visited one company with 200 employees who are developing a laser...
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Apr 12, 2013
04/13
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CSPAN2
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thank you for your service to focus on cybersecurity here in this open session today. thank you for the work that you are doing in cyber and i will have some questions and not feel in a closed session. thank you. >> i do want to say that i acknowledge the directors surface and thank you for that. but i also would acknowledge the congressman who was and went beat reporting the closed session but he is one of the individuals on the hill that has a lot of expertise and one of the key people that has been working on the cyber issue from the very beginning so we will think you for your service. >> we will reconvene at 12:25 in the classified spaces for filling out and rounding out the classified discussion on issues of the importance to the national security of the united states the meeting is adjourned until 12:25. the white house responded to questions about an intelligence report that says north korea the army ballistic missile with a nuclear warhead. the deacons intelligence agency reports it has moderate confidence that north korea knows how to deliver a nuclear weapon
thank you for your service to focus on cybersecurity here in this open session today. thank you for the work that you are doing in cyber and i will have some questions and not feel in a closed session. thank you. >> i do want to say that i acknowledge the directors surface and thank you for that. but i also would acknowledge the congressman who was and went beat reporting the closed session but he is one of the individuals on the hill that has a lot of expertise and one of the key people...
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Apr 12, 2013
04/13
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we expect a robust debate next week on the importance of our nation's cybersecurity. the house will consider a number of bipartisan bills to reduce obstacles to voluntary information sharing between the private sector and government, secure our nation's infrastructure, better predict -- protect government systems and combat foreign threats. a number of committees will bring bills to the floor next week. in the coming months, i expect to continue to address cyber security legislation. will consider hr-624, the cyber intelligence sharing and protection act. >> thank you for that information. it is critically important legislation. know there are continuing differences with reference to the protection of individual citizens privacy on this legislation. i also know the critical nature of providing access and exchange of information so that we can protect americans, protect our country, and protect our intellectual property and commercial property. i would hope and expect that we would be working together in a bipartisan way to make sure that we can reach consensus. i know
we expect a robust debate next week on the importance of our nation's cybersecurity. the house will consider a number of bipartisan bills to reduce obstacles to voluntary information sharing between the private sector and government, secure our nation's infrastructure, better predict -- protect government systems and combat foreign threats. a number of committees will bring bills to the floor next week. in the coming months, i expect to continue to address cyber security legislation. will...